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For a company to achieve strategic fit,it must accomplish which of the following keys?
A) The company should have a functional area for each customer.
B) The different functions in a company must each have a strategy that is optimal for their own processes.
C) The overall supply chain must operate at the lowest cost possible to achieve success.
D) The design of the overall supply chain and the role of each stage must detailed in the annual report.
Strategic Fit
The alignment between an organization's strategies and its internal capabilities and external environment to ensure maximum efficiency and competitive advantage.
Functional Area
Represents a specific department or section within an organization, focusing on a particular set of tasks or responsibilities.
Lowest Cost
The minimum expense necessary to achieve a specific objective, often considered in decision-making processes.
- Identify strategies to achieve strategic fit within a company's supply chain.
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Learning Objectives
- Identify strategies to achieve strategic fit within a company's supply chain.
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